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Fly News Breaks for December 10, 2018
FUL
Dec 10, 2018 | 20:38 EDT
Stifel analyst Vincent Anderson initiated H.B. Fuller with a Buy rating and a price target of $62. The analyst believes that the stock fits the "growth at a reasonable price" investment profile as its portfolio realignment offers a "good line of sight on strong earnings growth." Anderson also anticipates the company's deleveraging to allow for it to become an "advantaged consolidator" while noting that the vision of its "strong" management supports its business strategy.
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